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Becoming a Homeowner When The Bank Says No. This podcast is dedicated to the 1 in 10 home owners denied each year by the banks. We will discuss Rent-to-Own, Lease Options, Contract for Deed, Qualifying Mortgages, Non-QM Loans, and Private Mortgages.
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Top 5 Reasons 2,000,000 Americans Are Denied Mortgages Each Year - EP045
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Adam Zach - Co-Founder Home Equity Partner
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Episode 45
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According to the Home Mortgage Disclosure Act, the top 5 denial reasons for 2020 where
1. DTI ratio
2. Credit
3. Collateral
4. Down Payment
5. Employment History